GBPUSD - Rejection or break... Price is currently sitting near the bearish weekly high (Light grey box), I'm expecting price to reverse from here based on PA.. However price is looking strong and and could reject from the quaterpoint and start breaking to the updside... Let's see what today brings, we have EQL highs, triple top (Which probably will be taken...
AUDUSD reached and couldnt break the weekly resistance at the 0.78000 level. The price did not create new highs, lost the bullish momentum and broke the ascending channel. IF the price will break the neckline, according to Plancton's strategy, we can set a nice short position. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴...
Continuous 6 week decline ---> oversold.